{"id":624596,"date":"2018-09-13T04:32:45","date_gmt":"2018-09-13T04:32:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/"},"modified":"2018-09-13T04:32:45","modified_gmt":"2018-09-13T04:32:45","slug":"debt-control-strategy-high-on-madbouly-cabinets-agenda","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/","title":{"rendered":"Debt control strategy high on Madbouly Cabinet\u2019s agenda"},"content":{"rendered":"<p><strong>CABINET WATCH- The Madbouly Cabinet discussed the Finance Ministry\u2019s proposed debt control strategy at its weekly meeting<\/strong> yesterday, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/Cabinet-Meeting-no-12,-Dr.Moustafa-Madbouly.aspx\">according to a Cabinet statement<\/a>. The statement did not delve into specifics on the plan or announce a timeline for it except to say that it is currently being finalized and will be out soon. The meeting also looked into preparations for the FY2018-19 school year, which will see the rollout of the new K-12 education system and the reform of the Thanaweya Amma graduation exam system. Healthcare strategy, particularly cutting down wait times for government operating rooms and a Hepatitis C survey, was also on the agenda.<\/p>\n<p><strong>Factories to get a national ID number? <\/strong>Following the meeting, the Supply Ministry\u2019s Internal Trade Development Authority signed an agreement with the Tax Authority to begin implementing a national ID system for all factories and businesses, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/Cooperation-protocol-for-the-establishment-of-a-unified-national-number-for-economic-establishments.aspx\">according to a cabinet statement<\/a>. While there was little by way of explanation on that this entails, we know that this system had been in the works for some time, and a facility\u2019s national ID would include more information than is present in the business\u2019 license or its commercial registry. Decisions taken during the meeting include:<\/p>\n<ul>\n<li>Approving <strong>amendments to the role and responsibility of the Vice Ministers of Finance<\/strong>, the statement read without elaborating.<\/li>\n<li>Mandating the Nuclear Materials Authority and the Egyptian Black Sand Company<strong> to explore for black sand deposits in Egypt<\/strong>. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>CABINET WATCH- The Madbouly Cabinet discussed the Finance Ministry\u2019s proposed debt control strategy at its weekly meeting yesterday, according to a Cabinet statement. The statement did not delve into specifics on the plan or announce a timeline for it except to say that it is currently being finalized and will be out soon. The meeting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624596","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a727829c-f71c-46db-ae6c-7ee9b33e9cc8","order":"0","is_powered_by":true,"section_story_id":"e31d2f26-3fc0-4527-9654-626a1601242e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624580],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Debt control strategy high on Madbouly Cabinet\u2019s agenda - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Debt control strategy high on Madbouly Cabinet\u2019s agenda\" \/>\n<meta property=\"og:description\" content=\"CABINET WATCH- The Madbouly Cabinet discussed the Finance Ministry\u2019s proposed debt control strategy at its weekly meeting yesterday, according to a Cabinet statement. The statement did not delve into specifics on the plan or announce a timeline for it except to say that it is currently being finalized and will be out soon. The meeting [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-13T04:32:45+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Debt control strategy high on Madbouly Cabinet\u2019s agenda\",\"datePublished\":\"2018-09-13T04:32:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/\"},\"wordCount\":248,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/debt-control-strategy-high-on-madbouly-cabinets-agenda\/\",\"name\":\"Debt control strategy high on Madbouly Cabinet\u2019s agenda - 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Finance Minister Mohamed Maait confirmed his ministry plans to set a limit on foreign borrowing, including from major foreign institutions. While he did not reveal specifics, Maait stressed at the opening day\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601207,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/cabinet-ratifies-c-eur-113-mn-french-funding-agreements-with-egypt\/","url_meta":{"origin":624596,"position":1},"title":"Cabinet ratifies c.EUR 113 mn French funding agreements with Egypt","author":"enterpriseam admin","date":"21 February 2019","format":false,"excerpt":"CABINET WATCH- Cabinet ratifies c.EUR 113 mn French funding agreements: The Moustafa Madbouly Cabinet ratified during its weekly meeting yesterday two c.EUR 113 mn-worth of funding agreements from the French Agency for Development (AFD), according to a statement. The first agreement will fund women-led SMEs through extending up to EUR\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594733,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/05\/govt-to-soon-launch-electronic-platform-for-industrial-land-sales-in-egypt\/","url_meta":{"origin":624596,"position":2},"title":"Gov\u2019t to soon launch electronic platform for industrial land sales in Egypt","author":"enterpriseam admin","date":"5 September 2019","format":false,"excerpt":"CABINET WATCH- The government will \u201csoon\u201d launch an electronic platform for investors to buy industrial land amid efforts to promote transparency and fair competition in the sector, the Madbouly Cabinet said in a statement following its weekly meeting yesterday. The government is also working on simplifying customs procedures to release\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600401,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-picks-banks-legal-advisors-for-international-bond-issuances\/","url_meta":{"origin":624596,"position":3},"title":"Egypt picks banks, legal advisors for international bond issuances","author":"enterpriseam admin","date":"29 January 2019","format":false,"excerpt":"Egypt picks banks, legal advisors for int\u2019l bond issuances: The Finance Ministry has selected the investment banks that will advise on a both USD- and EUR- denominated eurobond issuances that will go to market before the current fiscal year ends in June, the ministry said in a statement. JP Morgan,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1090.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624372,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/pm-orders-ministers-to-prepare-for-bad-weather-as-winter-approaches\/","url_meta":{"origin":624596,"position":4},"title":"PM orders ministers to prepare for bad weather as winter approaches","author":"enterpriseam admin","date":"6 September 2018","format":false,"excerpt":"CABINET WATCH- Until it signs off on a debt control strategy, the Cabinet will make hay with new loans while the sun shine. Ministers approved a number of other decisions,including financing agreements with international lenders such as the European Bank for Reconstruction and Development (EBRD) and European Investment Bank (EIB).\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564069,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/05\/tourism-topped-the-madbouly-cabinets-meeting-agenda-this-week\/","url_meta":{"origin":624596,"position":5},"title":"Tourism topped the Madbouly cabinet\u2019s meeting agenda this week","author":"enterpriseam admin","date":"5 August 2021","format":false,"excerpt":"TDA under new management? The Madbouly cabinet is placing the Tourism Development Authority (TDA) under the purview of the Housing Ministry, transferring its administration from the Tourism Ministry, according to a cabinet statement today. 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